Wow! This is on sale! Let’s go shopping! That’s not quite how you want it to work with your book. After all the time spent, hours in debate with yourself about what sentence will remain and what sentence to take away, the primary goal is for your book to not only be good, but make money.
For instance, lets go with a salary paying position of 50,000 per year. Alright, for a whole 8 hours a day with two days off, you are paid for the work, right? Same thing with a book, except this time, ideas come in the middle of the night, while you are driving down the highway or talking on the telephone, in the middle changing a diaper, even while you are at another full time job! Then there is the editing and hours of preparation that you take attempting to make your ideas come out perfect for your audience. Then, there is the pitch that must be written and the synopsis, book cover, distribution (which means sharing your money with those who didn’t even put in 2 percent of the time and effort), and the list goes on.
Shouldn’t all this work pay? Yes. Don’t be modest.
When your book comes out, if self published, it should be priced so that within the first month, your pockets begin to fill again if not surpass what you spent getting the book published in the first place. Here is how you may want to calculate the price of your book. Look at the split.
When your books hit the mainstream or independent bookstores, how much of a profit do you want to make? You have to share, so call in advance to get a general discount avg.. Let’s say 30-40 percent is what the bookstore will contract out to you. Well, you know then that you don’t want your book priced at 8 bucks unless it is super thin! For a book or novel that is 200 pages or more, the price must be higher…at least at or over 15 dollars(and this is only if it is paperback, hardback is even more costly). Why? Didn’t you just finish working for months? Exactly, so don’t be bashful and make the money that you deserve for your entertaiment? The theater does for visuals, don’t they? The public will pay the same for a book…if it catches their attention. That’s another job.
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